FU

Fuel Ventures — Pre-Seed & Seed VC Firm ($250K–$5.0M Checks)

VC
Profile updated October 2026Website

Fuel Ventures is a Pre-Seed, Seed, Series A venture capital firm investing in SaaS, Other, AI / ML. The firm typically writes $250K–$5.0M checks and has 83 portfolio companies in our records.

Check size
$250K–$5.0M
Portfolio
83 companies on record
Partners
7 listed
AUM
$100M
Stage
Pre-Seed, Seed, Series A
Sectors
SaaS, Other, AI / ML, Climate / Energy, Marketplace, Consumer, EdTech, Fintech

Last verified: 2026-10-26

How to approach: warm intro preferred
Stage

Pre-Seed, Seed, Series A

Check Size

$250K – $5.0M

AUM

$100M

Portfolio

83+ companies

Team

7 partners

Investment Thesis

An early-stage fund that backs marketplaces and SaaS and is listed as relevant to sports tech. It is not a pure specialist, but it can support software-heavy infrastructure companies.

How Fuel Ventures invests

Fuel Ventures is a vc firm. The firm invests at the Pre-Seed, Seed, Series A stages, with a focus on SaaS, Other, AI / ML, Climate / Energy, Marketplace.

Fuel Ventures typically writes checks of $250K–$5.0M per investment, backed by approximately $100M in assets under management. Our records include 2 funds raised by the firm.

Fuel Ventures has backed 83 companies in our records, including 51-0Horiz, Abingdon, Adzact.

Partners & Team

SP

Shiv Patel

Partner

QM

Qasim Mahmood

Principal

MP

Mark Pearson

Managing Partner

JS

James Steel

Head of Growth Capital

U

Unknown

GP

SaaS
Marketplaces
AO

Alice O'Connor

Portfolio Manager

KH

Katie Hopkin

Strategic Partnerships Manager

Industry Focus

Invests In

SaaS
Other
AI / ML
Climate / Energy
Marketplace
Consumer
EdTech
Fintech

Funds

Fuel Ventures Fund II

$100M2021
actively investing

Fuel Ventures Fund I

$100M2019
fully deployed

Recent Activity

Raised Fuel Ventures Fund II ($100M)

2021 · fund records

Raised Fuel Ventures Fund I ($100M)

2019 · fund records

Portfolio Companies (83)

Other

51

51-0Horiz

Climate-tech start up working with progressive client partners to reduce carbon emissions.

AB

Abingdon

Acquiring and holding profitable, founder-owned vendor management system (VMS) software companies across Europe, running them as an independent federation with shared best practices.

AD

Adzact

B2B ad platform using unstructured data and advanced audience targeting to help businesses reach the right SME audience and maximise advertising ROI.

AI

AI-Score

Enterprise AI governance and control platform giving organisations real-time visibility, policy-driven oversight.

AR

Arbolus

Marketplace efficiently connecting independent consultants with businesses — blue-chip clients include PwC, EY, KPMG, Deloitte and Accenture.

CA

Capdesk

Cap table management platform enabling private companies to efficiently manage equity, run controlled liquidity events and facilitate secondary transactions.

CG

cghero

Marketplace for 3D content connecting clients with specialist gig economy workers creating CGI for films, games and adverts.

CH

Chaser

Leading receivables automation software streamlining unpaid invoice chasing while maintaining a personal touch — businesses using Chaser get paid 16 days earlier on average.

CH

chosen

Rolls up gaming businesses.

CO

Contentcal

SaaS platform powering thousands of companies' social media and content marketing — differentiates through UX, team collaboration and 1,500+ publishing integrations.

How to pitch Fuel Ventures
  • •Raising at Pre-Seed, Seed, Series A? You're squarely in their sweet spot.
  • •Lead with your fit in SaaS, Other, AI / ML — the sectors they actively back.
  • •Size your ask to their typical $250K – $5.0M check.
  • •warm intro preferred
  • •Address your outreach to a specific partner, such as Shiv Patel, Partner.
  • •A warm introduction beats a cold email. Get matched and request an intro.

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